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Mon, Apr 20 07:03 PM
Non-Compliant

CMPS

Quality Rating

B
Minimal compliance quality

Compass Pathways plc (CMPS) is a clinical-stage biopharmaceutical company developing psychedelic-assisted therapies for mental health disorders. The analysis reveals non-compliance primarily due to a high liquidity ratio exceeding Shariah thresholds across major standards, despite low debt and no non-permissible income. Business activities are generally permissible, but the pre-revenue stage and high cash holdings pose challenges. No inclusion in major Shariah indices confirms the non-compliant status. Investors should monitor for improvements in asset utilization and consult scholars on psychedelic therapies.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

7.6%

Liquidity Ratio

62.0%

Interest Income Ratio

0.0%

Purification

0.00%